ARK Invest Says stETH Is Becoming a Key Reference for Crypto, Like the Fed Funds Rate

On October 15, Lorenzo Valente, a research associate at investment firm ARK Invest, published a research paper to explain why “Ether Stands Out Among Digital Assets.” ARK Invest’s research highlights staked Ether (stETH) as an essential asset in Ethereum’s Proof-of-Stake (PoS) system. It describes Ether (ETH) as the only real yield-bearing digital asset when staked, […] source: https://www.cryptoglobe.com/latest/2024/10/ark-invest-says-steth-is-becoming-a-key-reference-for-crypto-like-the-fed-funds-rate/